Turtle Beach Reports Record First Quarter 2018 Results And Significantly Increases 2018 Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/9/2026
- US stock futures dip as oil breaches $100 mark for the first time since mid-year
- Oil nears $100 as fresh Middle East strikes raise supply risks
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Turtle Beach (HEAR) Reports Q1 EPS of 16c
May 9, 2018 4:16 PM EDTTurtle Beach (NASDAQ: HEAR) reported Q1 EPS of $0.16, $0.18 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $40.9 million versus the consensus estimate of $39.83 million.
Increased 2018 Outlook
For the second quarter of 2018, Turtle Beach expects net revenue to increase 151% to approximately $48 million compared to $19.1 million in the second quarter of 2017. Net loss is expected to improve to approximately $(0.05) per share compared to a net loss of $(0.57) per share in the second quarter of 2017. Adjusted EBITDA is expected to improve to approximately $2.5... More
